Kendall Capital Management Reduces Stake in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Kendall Capital Management lessened its position in iShares Russell 1000 Growth ETF (NYSEARCA:IWF) by 5.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,525 shares of the exchange traded fund’s stock after selling 155 shares during the quarter. Kendall Capital Management’s holdings in iShares Russell 1000 Growth ETF were worth $1,014,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in iShares Russell 1000 Growth ETF during the fourth quarter valued at $1,367,267,000. Strategic Financial Concepts LLC increased its holdings in shares of iShares Russell 1000 Growth ETF by 44,227.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 656,939 shares of the exchange traded fund’s stock worth $263,814,000 after purchasing an additional 655,457 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of iShares Russell 1000 Growth ETF by 5,975.8% in the third quarter. Wellington Management Group LLP now owns 540,989 shares of the exchange traded fund’s stock worth $203,076,000 after acquiring an additional 532,085 shares during the period. Bryn Mawr Capital Management LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 1,072.5% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 295,540 shares of the exchange traded fund’s stock worth $118,683,000 after acquiring an additional 270,335 shares during the period. Finally, Choreo LLC grew its holdings in shares of iShares Russell 1000 Growth ETF by 34.9% in the fourth quarter. Choreo LLC now owns 676,064 shares of the exchange traded fund’s stock worth $272,261,000 after acquiring an additional 174,889 shares during the period.

iShares Russell 1000 Growth ETF Price Performance

Shares of IWF opened at $378.85 on Friday. iShares Russell 1000 Growth ETF has a one year low of $315.24 and a one year high of $419.53. The firm has a market capitalization of $98.52 billion, a P/E ratio of 36.11 and a beta of 1.09. The business has a fifty day moving average of $404.52 and a 200 day moving average of $391.59.

About iShares Russell 1000 Growth ETF

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth.